Add MOS Calls

Playing Extended Strength

By Bryan Bottarelli
Wednesday, February 10, 2010 3:01 PM EST
Wed, 10 Feb 2010 20:01:00 GMT

PLAY: Buy the MOS March 60 Calls (O:MOS 10C60.00) at or under $2.45 (or best price) good for the day. Place a protective stop limit at $1.50 and a pre-determined sniper sell at $4.00.

Dear Bottarelli Research Member,

To follow up on our AGU play from this morning, continued strength in the fertilizer sector pushed shares of Mosaic (MOS – NYSE) above the $58.00 level, and then it moved back down. This could be the first signal that MOS is ready to follow AGU above the 50-day moving average. So, as one final trade of the day, let’s get positioned to ride this momentum going into March.

MOS

PLAY: Buy the MOS March 60 Calls (O:MOS 10C60.00) at or under $2.45 (or best price) good for the day. Place a protective stop limit at $1.50 and a pre-determined sniper sell at $4.00.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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